Any other time to target (Spring to early summer) or is the main goal just to lock in a good deal and take it from there? 

Hi Cole,Yes, 1-3% acquisition fee; 1-3% asset management fees are the main fees that syndicates charge and are industry averages. 

I haven't contacted the main CPA/company owner yet as I wanted to digest the situation and consider all of the thoughtful replies here.

Property Owner Name,If you were to ever consider selling your property at 1234 main street.

Skip to cliff notes for shorten version, numbers, and main question if you don't feel like reading a long post. 

Because when you try and sell 123 Main St. which is a 3 bed 2 bath house on Craigslist without a RE license you are violating CA business and professionals code.

@Dakota Soles Of course investing locally should be your first preference if all things are equal but if you can't achieve your objectives in your local market, then you have no choice but to go outside of it.

Main need is foundation and architecture. 

The first of your two choices is equivalent to $100 per drywall sheet, the second $300.  

If the Seller shows signs of having the same desire, they will give him the time to work it out.My main point is that communication with the existing lender is vital asap.